Los Angeles Area RE investing - 14K to learn fix/flip

Los Angeles Area RE investing - 14K to learn fix/flip

Developer · Torrance, CA · Member since 2013 · 59 posts · 51 votes

I had a convo with a friend last week about real estate investing in the LA area. He mentioned to me that he had try to enroll in a program to learn how to fix/flip properties in LA. The company quoted 2 days of intensive training for $14K. What? I was literally floored. One, why would anyone pay an amount like this and two... this friend knows that I am an active investor. He could easily pick up the phone and pick my brain if he wanted to. But I guess if its free advise, some people may not see value in it.

Anyways, after giving some thought about his ordeal, I decided to give the opportunity to anyone  who may be interested in seeing first hand one or two of my current projects. We can review/visit any of my projects so you can get an idea of what a volume investor does on a daily basis (for every 3 properties that I purchase, I hold one and retail the other 2) Therefore, if you are trying to understand rehab costs, figure out how to land your first deal, feel that LA has no inventory/opportunities, mitigate risk or any general questions - ping me. BTW i am not charging a dime. Would really like to avoid having some of you pay ridiculous amounts for courses that you can learn in a 2 hour visit. I don't know everything but know enough.

The following are current projects - 4 SFR/MF rehabs in LA - One by 77 and Normadie, another one in Inglewood by Centinela Park, a duplex located a few blocks from USC (demo will be done this Friday if you like to see it before I start), and one in South Gate, and lastly a SFR in Playa del Rey which happens to be my most expensive purchase to date. I also have new construction projects; the only one approved is located in Long Beach at the corner of Willow and Santa Fe Ave and I can walk you through permit process and approvals if new construction is what you are interested in. My recent sales are 856 W 53rd st, LA and 5161 Los Flores Ave, Lywoond (on zillow you will notice I use the same color schemes and materials. I will explain why)

I'll take off a few days next week if anyone would like to shadow me for a few hours. My office is in downtown Torrance. So ping me if interested.

Happy Investing. 

VMA

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  • Los Angeles, CA · Member since 2016 · 62 posts · 20 votes
    10y

    Respect! 

    I'm interested in checking out the Playa Del Rey project. I'll PM you. 

  • Flipper/Rehabber · Tustin, CA · Member since 2015 · 433 posts · 103 votes
    10y

    @Victor Argueta that's awesome! Sounds like you're doing well. Keep at it and continue to motivate new investors. 

  • Rental Property Investor · Queen Creek, AZ · Member since 2016 · 26 posts · 12 votes
    10y

    Victor this is a great offer.  I am very new to this and would love to find someone like you in the Phoenix market willing to do the same.

  • Investor · Los Angeles, CA · Member since 2014 · 18 posts · 4 votes
    10y

    Hi Victor, I'm intersted in following you on one of your projects. I'll pm you.

    Thanks

  • Real Estate Agent · Los Angeles, CA · Member since 2015 · 218 posts · 111 votes
    10y

    Victor,

    I'm interested!

  • Contractor · Los Angeles, CA · Member since 2015 · 4k+ posts · 1k+ votes
    10y
    Victor Argueta Sign me up on new construction! Always love to learn.
  • Specialist · Lakewood, CA · Member since 2014 · 42 posts · 12 votes
    10y

    @Manolo D. thanks for referring@Victor Argueta to me! 

    @Dennis Canon and I are trying to start our REI journey and visiting the jobsite, talking to investors like you would be an invaluable asset to have.

    I'll PM you. Thanks for the opportunity! 

  • Queen Creek, AZ · Member since 2014 · 2k+ posts · 1k+ votes
    10y

    @Victor Argueta hats off to you, this is what BP is all about.  

  • Los Angeles, CA · Member since 2016 · 5 posts · 0 votes
    10y

    Interested in meeting you. Will pm you

  • Los Angeles, CA · Member since 2015 · 69 posts · 75 votes
    10y

    I find it pretty awesome you're doing this.  I'm interested as well

  • Los Angeles, CA · Member since 2016 · 5 posts · 0 votes
    10y

    @Victor Argueta

    I am very interested in meeting. Sent you a PM. 

  • ., OH · Member since 2015 · 361 posts · 127 votes
    10y

    "a few days next week if anyone would like to shadow me for a few hours"

    ..wish someone in Cincinnati would do this..

    :-/

  • Wholesaler · Liberty Township, OH · Member since 2016 · 7 posts · 1 vote
    10y

    Some people in the Cincinnati REIA have done this but I think it was $100

  • Wholesaler · Liberty Township, OH · Member since 2016 · 7 posts · 1 vote
    10y

    But hey, its supply and demand, when low supply meets high demand, you will have people willing to pay prices like 14k. 

  • Ronnie S.Pro Member
    Investor · Coeur d Alene, ID · Member since 2013 · 109 posts · 29 votes
    9y

    Hi Victor,

    I am interested and am very familiar with PDR...have a couple condos there. 

    I will ping you and hopefully can meet up.

    Thank you for this great post and offering this opportunity.

  • Accountant · Los Angeles, CA · Member since 2015 · 13 posts · 12 votes
    9y

    Hi Victor, et. al.  

    I am a current resident of PDR and interested in opportunities in the neighborhood and in general networking with the shakers and movers.  Right now I am primarily looking to wholesale in PDR.  It would be great to meet up with many of you to learn.

    Brent

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